Panasonic in talks to buy ZKW to accelerate push into auto electronics: source

By Makiko Yamazaki TOKYO (Reuters) - Japan's Panasonic Corp is in talks to buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said. An acquisition of ZKW would expand Panasonic's automotive lineup, which currently centers on batteries and navigation systems, as it shifts its focus to corporate clients to escape price competition from lower-margin consumer electronics manufacturers. Panasonic said in a sta